DMCC appoints NEB as consultant for world’s first Web3 commercial tower

Image: Duba Media Office

DMCC, the global business district driving international trade through Dubai, and REIT Development have announced the appointment of the National Engineering Bureau (NEB) as the design and supervision consultant for Crypto Tower — the world’s first commercial tower dedicated to Web3 and digital assets.

Situated in the heart of Jumeirah Lakes Towers (JLT), Crypto Tower will provide purpose-built commercial space for companies in blockchain, crypto, and digital assets. The appointment of NEB marks a key milestone in the project’s development, underscoring DMCC’s commitment to delivering world-class infrastructure that supports the growth of next-generation technologies.

With over four decades of experience, NEB will oversee all aspects of the project’s architectural design, engineering, regulatory approvals, and on-site supervision. The consultancy’s track record in delivering complex developments across the UAE ensures that Crypto Tower will meet the highest standards of design, execution, and sustainability.

Ahmed Bin Sulayem, executive chairman and CEO, DMCC, said: “The appointment of the National Engineering Bureau marks a defining milestone in realising our vision for the world’s first commercial tower dedicated to Web3 and digital assets. Serving as a physical anchor for DMCC’s growing community of over 3,400 tech companies – including more than 700 within our Crypto Centre – the tower will provide premium, purpose-built office space for the next generation of digital enterprises. It will also accelerate the transformation of Uptown Dubai and Jumeirah Lakes Towers into two of Dubai’s most dynamic business districts, reinforcing DMCC’s position as a global hub for crypto, Web3, and advanced technologies.”

Karen Kriska, VP of operations, Crypto Tower, said: “We are thrilled to partner with the National Engineering Bureau as our trusted design and supervision consultant. NEB has an extraordinary legacy of designing and supervising hundreds of buildings across Dubai, including many iconic projects in the JLT area. Their deep knowledge of the local regulatory environment, paired with their track record of architectural innovation, makes them the perfect partner to bring Crypto Tower to life as a landmark destination for the Web3 community.”

Jamil Jadallah, CEO, National Engineering Bureau, added: “Being selected for this visionary project is a proud moment for NEB. Crypto Tower is set to become a cornerstone of the digital economy in the UAE, and we are committed to delivering a service that reflects its innovation, ambition, and impact. At NEB, we have always believed in shaping the future of urban development – and this project exemplifies that ethos. We look forward to leveraging our decades of experience and deep-rooted presence in Dubai to deliver a landmark that stands as a symbol of the UAE’s leadership in technology and smart infrastructure.”

A joint initiative by DMCC and REIT Development, Crypto Tower will serve as a central hub for the more than 700 crypto and blockchain companies already based in DMCC. It reinforces Dubai’s position as a global leader in the digital economy, providing an integrated ecosystem for Web3, fintech, and emerging technology firms.